Fuel economy and the reduction of emissions are inextricably linked. In 2007, global shipping was responsible for emitting 870m tonnes, or about 2.7% of the global man-made emissions of CO2. Because shipping is global in its nature, it is in the interests of the ship-owners and operators to increase fuel economy and thus reduce emissions. To this end, there are regulations designed to increase efficiency/reduce emissions, including for example SEEMP and the legislation which will reduce the level of sulphur in oil.
Of course, whilst reducing emissions is necessary in this new age of sustainability and environmental awareness, the cost of fuel has risen significantly in the last decade, meaning ship operators have to either absorb the costs, pass them onto the customer, or try and reduce fuel usage. Reducing fuel usage is the most common sense approach to this issue, and there are a number of ways this can be done, from hull coatings, to route management, hybrid propulsion and even alternative fuels.
Measuring these techniques is an issue for ship-owners, because not one can be measured in situ, but has to be measured amongst everything else. So there is no way of measuring an accurate ROI. This has the effect of making any investment decision one based on rationale rather than concrete results.
Finally, new innovations in increasing fuel economy appear on the market all the time. Some have been researched for years, some only recently, but they all deserve a proper examination. Moreover, the techniques and technologies that have been in use already can be shown to have worked or not.
• What actually works and doesn't work in terms of fuel economy from the viewpoint of a ship operator?
• The latest update on regulatory issues: What can ship-owners and operators expect from the lawmakers.
• Is the emergence of alternative fuels and LNG a true alternative to the marine fuel used today and do they increase efficiency?
• Propulsion plays an important role in energy on ships - what are the latest developments and how can they be interpreted into fuel efficiency?
• Hybrid propulsion is growing as an alternative method of propulsion. But does it work effectively?
• Route management is a non-technological method of increasing fuel economy - but how widespread is it?
• The SEEMP is now a major part of fuel efficiency. How can ship-owners and operators implement it successfully?
• Innovations in technology are important for any ship operator/owner. What latest innovations are catching the eye?
• Measuring efficiency improvements and hence ROI is a strategic necessity but can be complicated to do. How important is it to operators?
Why should you attend ?
Improvements to fuel efficiency translate directly to the bottom line. Added to the bonus effect of reducing emissions, this means that shipping companies can benefit from lower costs, and hence increased profits.
This conference brings together how these different technologies can work, how they can be used, and how they can be measured. The event will not just focus on one aspect, but a whole range, from propulsion, to hull coatings, and even non-technological aspects, such as effective route management.
Naturally, ROI is important so real profit can be measured. But, even so, small changes to a fleet can make a difference to fuel efficiency. Fleet Management revealed that they had saved more than $200m in 2012 alone from minor retrofitting across a fleet of 475 vessels just by making minor adjustments to their ships.
A global shipping industry requires global solutions. This event proposes to bring together aspects of energy efficiency that will enable a significant increase in fuel economy and hence decrease emissions for the industry overall.
Finally, by showcasing new innovations and technologies and mixing theories with case studies, this event will give delegates the chance to stay ahead of the rest of the field and learn what works and what doesn't.
Who should attend ?
From ship operators and owners• Technical directors/superintendents
•Susainability directors/Chief Sustainability Officers
• Operations directors/VPs
• Directors of fuel efficiency
• Heads of fleet management
• Marine superintendents